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NorthWestern affirms long-term targets, says 2025 outlook post rate review

NorthWestern Energy (NWE), in an investor update, said its 2025 earnings guidance is expected to be provided following the outcome of its pending Montana rate review. NorthWestern also affirmed its long-term growth rates from the 2024 base – it sees earnings growth of 4%-6% and rate base growth of 4%-6%. The company said no equity is expected to fund its current five-year $2.74B capital plan.

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